Author: administrator
Condonation u/s 119(2)(b) rejected without enquiry to the reasons for the delay and the justification given, only on the ground that the business was continuously running was without proper consideration-High Court ABCAUS Case Law Citation: ABCAUS 2238 (2018) (03) HC The petitioner by the instant writ petition had challenged the …
RBI announces Visiting Fellow Programme The Reserve Bank of India announces “RBI Visiting Fellow Programme” for experts from foreign central banks, international organizations, foreign universities, and other research bodies abroad. The key features of the programme are as under: RBI Visiting Fellow Programme (i) The visiting fellow should have a …
Due date for filing forthcoming GST Returns GSTR-1 and GSTR-3B-CBEC Advisory for taxpayers GSTR-3B RETURN (Monthly) Return Period Due date February-2018 20th March, 2018 March-2018 20th April, 2018 Pay Tax by 20th of the Succeeding Month GSTR-1 RETURN (Quarterly) Aggregate Turnover < Rs. 1.5 crore Return Period Due date …
AOC4 XBRL to be filed even if the company do not fall under the specified class of companies in succeeding years-MCA Notification The Government has amended the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015. MCA has notified the Companies (Filing of Documents and …
Linking of Aadhaar with PAN Cards-Nearly 17 crores Aadhaar numbers linked with PAN As per the information available as on 05th March, 2018, nearly 17 crores number of Aadhaar was linked with PAN . Further, as on 02.03.2018, 8779.65 Lakhs Current Accounts and Savings Accounts have been linked …
Supreme Court approves Passive Euthanasia-Right to live with dignity also includes smoothening of the process of dying in case of a terminally ill patient or a person in Persistent Vegetative State with no hope of recovery. ABCAUS Case Law Citation: ABCAUS 2236 (2018) (03) SC A Constitution Bench …
Date of manufacture for claiming deduction u/s 10B is not the date of grant of approval as 100 per cent export oriented undertaking-High Court ABCAUS Case Law Citation: ABCAUS 2237 (2018) (03) HC The respondent assessee was established in the year 1950. It was engaged in the manufacture …
Facility for Cancellation of Provisional Registration by migrated taxpayers has been enhanced on the GST Portal. Now migrated taxpayers, who have made payments/issued invoice/filed other forms, will be stopped from cancelling their Provisional Registration. This enhancement will avoid inadvertent cancellations of registration by the Migrated Taxpayers. In case, …
CCIT responsible for CIT-A working and quality of orders. CIT-Appeals should abide by CBDT instructions for timely issue/dispatch of appellate orders. CBDT has stated that failure of the Chief Commissioners of Income Tax to conduct regular inspections of the CIT (Appeals) working under them or failure to keep a watch …
Income Tax Department has issued an advisory for payment of monthly rent over Rs. 50000/- ITD has cautioned individuals/HUFs (except those liable tax audit u/s 44AB(a) and (b), paying rent to a resident in excess of Rs. 50000/-. The ITD has advised such payers to deduct TDS @ 5% …
